We have a clause in Section 30 of the Federal Reserve Act of 1913 allowing the US to buy back the Federal Reserve Corporation for roughly $500 billion dollars any time we wish. We may also abolish the Federal Reserve Corporation, or repeal the act, our choice. The last provision of the Federal Reserve Act of 1913, Sec. 30 states “the right to amend, alter or repeal this act is expressly reserved.” This language “means” that congress can at any time move to abolish the Federal Reserve System, or buy back the stock and make it part of the Treasury Department, or to alter the system as it sees fit.